Quick Summary
The Competition Commission of India (CCI) approves acquisition by CDPQ Private Equity Asia Pte. Ltd. (CDPQ/Acquirer) of equity shareholding of API Holdings Private Limited (API Holdings/Target) under Section 31(1) of the Competition Act, 2002, today. The combination envisages an acquisition of ap
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FAQ :
The Competition Commission of India (CCI) has approved the acquisition.
CDPQ Private Equity Asia Pte. Ltd. is acquiring equity shareholding in API Holdings Private Limited.
Approximately 2% of the equity shareholding in API Holdings is being acquired.
The acquisition includes certain additional rights for the acquirer.
CDPQ Private Equity Asia Pte. Ltd. is located in Singapore.
API Holdings is involved in wholesale and distribution of drugs, transportation services for pharmaceuticals, developing e-commerce platforms, manufacturing and marketing of various health products, and operating a B2B order management system for retailers and distributors.
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